Tag: Electric Cycles

Electric-Cycle
Electric Cycles Attract 5% GST, Ordinary Cycles 12%

New Delhi: The Modi government has been defending the multi-tiered rates under GST, saying there cannot be one rate, as different segments of society have to be taxed differently. However, it has emerged that ordinary bicycles used mostly by the low-income group people attract 12 per cent GST while expensive electric bicycles are in the […]

  • Thursday, 22 April 2021
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